Energy & Green Tech

Mining bitcoin uses more energy than Denmark: study

Extracting a dollar's worth of cryptocurrency such as bitcoin from the deep Web consumes three times more energy than digging up a dollar's worth of gold, researchers said Monday.

Computer Sciences

Making Bitcoin more secure

A computer science engineer at Michigan State University has a word of advice for the millions of bitcoin owners who use smartphone apps to manage their cryptocurrency: don't. Or at least, be careful. Researchers from MSU ...

Energy & Green Tech

China's bitcoin mining rush risks derailing climate goals

China's electricity-hungry bitcoin mines that power nearly 80 percent of the global trade in cryptocurrencies risk undercutting the country's climate goals, a study in the journal Nature Communications said on Tuesday.

Energy & Green Tech

Bitcoin price boom 'locking in' vast energy consumption

The cryptocurrency market has been abuzz as Bitcoin gains popularity with investors, reaching an all-time high of over $58,000 apiece in February. In a commentary published March 10 in the journal Joule, financial economist ...

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